Topic: What Are Your Greatest Fears As a Bitcoin Holder? - page 44. (Read 7368 times)
My biggest fear is that bitcoin is a bubble
My greatest fear being a holder are the hackers. Having a huge amount of bitcoin comes with the attention of hackers. Once they find that a wallet has a huge amount there might be a chance that some of the bitcoins could be stolen.
As a bitcoin holder, for now my greatest fear is. ot maximing the potential of bitcoins. I don't want to be just like those who went into bitcoins because they say its easy to earn money from it because I want to be someone who like kost of you here, are already pros when it comes to bitcoins. The only way for me to not go through that fear is to really take the time to learn and understand how bitcoin works. 👍🏻
One of my greatest fears as a bitcoin holder are the banks behind the wallets that people put their coins in and thinking they are storing their money in a perfectly safe place . I'm always fearing that the owners suddenly steal their client's money or lock their accounts for unclear reasons and pretend they got hacked or something . That's why i always store my coins in different wallets and always split them in chunks so even if some company suddenly gets shut downed , i won't loose everything .
Mainly we are afraid of hackers and scams but they can be controlled and are legally punishable also but main thing is government polices we are more afraid of government then any other they can make difference in every way
If i buy a lot bitcoin on high price then i be a holders a lot of bitcoin , i never scare if my wallet hacked or i scammed.
because i using personal computer and i never click/download any third application from email, i just scared the price will dump more than $3.000 or lower , yeah because i buy a lot bitcoin , if the price dump so hard , im never get profit , but losses a lot of money.
just that.
because i using personal computer and i never click/download any third application from email, i just scared the price will dump more than $3.000 or lower , yeah because i buy a lot bitcoin , if the price dump so hard , im never get profit , but losses a lot of money.
just that.
"Hacking and scams remain the top risk for Bitcoin holders. Exchanges that shut down or passwords stolen from devices can easily wipe out a person’s bitcoins. Moreover, governments and central banks from various countries are starting to impose limitations on the use of cryptocurrencies.
Digital coins clearly threaten the political and economic establishment, and the regulatory environment can quickly change with the stroke of a legislative pen. Banks and governments typically use familiar language in the media, such as the need to protect consumers from new risks.
We are hearing familiar talking points from politicians who are getting pressured from the banking lobby. It seems that the root cause of the status quo’s actions in 2017 is to protect fiat currencies and traditional financial interests. Competing digital coins represent a potential end to the government’s monopoly of the monetary system." - Bitcoin.com
What are the top risks for Bitcoin holders?
There were lots of fears of being a bitcoin holder..scammers ,government might take place on giving rules on cryptos,losing of sources for exchange , bitcoins prices would goes down and dump and different competition of coins and its existence.Digital coins clearly threaten the political and economic establishment, and the regulatory environment can quickly change with the stroke of a legislative pen. Banks and governments typically use familiar language in the media, such as the need to protect consumers from new risks.
We are hearing familiar talking points from politicians who are getting pressured from the banking lobby. It seems that the root cause of the status quo’s actions in 2017 is to protect fiat currencies and traditional financial interests. Competing digital coins represent a potential end to the government’s monopoly of the monetary system." - Bitcoin.com
What are the top risks for Bitcoin holders?
But for me whose investment is time,effort and knowledge also have fears of losing the bitcoin world in this case i/we will be losing job/source of income,some jobs here offers good salary which can hardly earn through working in a company.
"Hacking and scams remain the top risk for Bitcoin holders. Exchanges that shut down or passwords stolen from devices can easily wipe out a person’s bitcoins. Moreover, governments and central banks from various countries are starting to impose limitations on the use of cryptocurrencies.
Digital coins clearly threaten the political and economic establishment, and the regulatory environment can quickly change with the stroke of a legislative pen. Banks and governments typically use familiar language in the media, such as the need to protect consumers from new risks.
We are hearing familiar talking points from politicians who are getting pressured from the banking lobby. It seems that the root cause of the status quo’s actions in 2017 is to protect fiat currencies and traditional financial interests. Competing digital coins represent a potential end to the government’s monopoly of the monetary system." - Bitcoin.com
What are the top risks for Bitcoin holders?
There are only two things that I fear the most as an investor which is for Bitcoin's value to continuously fall and Bitcoin to be banned on my country. Ofcourse, as an investor, you would not want your investment to have a low market value because you will surely lose money on your investment. And if it will be banned for some unknown reason, ofcourse I won't be able to.make use of Bitcoin. Digital coins clearly threaten the political and economic establishment, and the regulatory environment can quickly change with the stroke of a legislative pen. Banks and governments typically use familiar language in the media, such as the need to protect consumers from new risks.
We are hearing familiar talking points from politicians who are getting pressured from the banking lobby. It seems that the root cause of the status quo’s actions in 2017 is to protect fiat currencies and traditional financial interests. Competing digital coins represent a potential end to the government’s monopoly of the monetary system." - Bitcoin.com
What are the top risks for Bitcoin holders?
"Hacking and scams remain the top risk for Bitcoin holders. Exchanges that shut down or passwords stolen from devices can easily wipe out a person’s bitcoins. Moreover, governments and central banks from various countries are starting to impose limitations on the use of cryptocurrencies.
Digital coins clearly threaten the political and economic establishment, and the regulatory environment can quickly change with the stroke of a legislative pen. Banks and governments typically use familiar language in the media, such as the need to protect consumers from new risks.
We are hearing familiar talking points from politicians who are getting pressured from the banking lobby. It seems that the root cause of the status quo’s actions in 2017 is to protect fiat currencies and traditional financial interests. Competing digital coins represent a potential end to the government’s monopoly of the monetary system." - Bitcoin.com
What are the top risks for Bitcoin holders?
Digital coins clearly threaten the political and economic establishment, and the regulatory environment can quickly change with the stroke of a legislative pen. Banks and governments typically use familiar language in the media, such as the need to protect consumers from new risks.
We are hearing familiar talking points from politicians who are getting pressured from the banking lobby. It seems that the root cause of the status quo’s actions in 2017 is to protect fiat currencies and traditional financial interests. Competing digital coins represent a potential end to the government’s monopoly of the monetary system." - Bitcoin.com
What are the top risks for Bitcoin holders?
One top risk in my opinion is the uncertainty with the value of bitcoins because you may never now what changes bitcoin does at a later time. The implication of this is the feeling of fear of the unknown which leads some people sometimes to do panic selling because they can't anticipate the next movement of bitcoin price due to increase anxiety.
My fear as a Bitcoin holder is:
1. My fear of hackers who can access my account will be lost because it can be successfully stolen easily by hackers.
2. My biggest fear as a Bitcoin holder is to see the price of Bitcoin will reach below the price of 2,000 USD, because this is a big loss to me.
My greatest fear is security breaches. Also if it delves off expectation towards the negative then that would be even much greater.
Well I would like to say that don’t be afraid of the lose and the bitcoin is now being very safe and the best currency I can see how fast the bitcoin is getting secure and the safe bitcoin. I can see the bitcoin has a lot of the wallets and this is the best thing to have the bitcoin at the same time. Bitcoin is the secret as much as we want and it is the money saving resource as well for a lot of the people.
I am worried about scams and somewhat like virus that if you make transaction the address will be change and other people will receive it or getting your private keys ...
and also afraid of losing coins If I make a wrong or typo wallet in any transactions heheheheheh
keep earning
and also afraid of losing coins If I make a wrong or typo wallet in any transactions heheheheheh
keep earning
My greatest fear is having a btc and loosing its worth as time passes by. It so hard to believe that you'll work hard for something that wouldn't have any value for an instance
My greatest fear as a bitcoin holder is to see that the price of bitcoin will reach below the price of 1,000 USD because that is like the end of the world for me because i bought bitcoin from the price of 5,000 USD and still hold it though so i don't want to see bitcoin to go down more than that because it is a complete loss for me and i will quit crypto if it will happen.
i am always affraid bitcoin price may drop to the bottom of its price, and no more investors trust bitcoin to invest in, becuase i think bitcoin is very unstable but acceptable so many people still want to invest in bitcoin, but if this down trend keep going, bitcoin will die.
The only thing that scares me with my bitcoins is when it becomes impossible to cash out meanwhile nobody (merchants) accepts bitcoin as payment. But I doubt it would happen because the silk road will always be there to accept bitcoins.
You do not need to worry about this. People do not accept bitcoin payments, you can sell bitcoin. My biggest fear is that the price of bitcoin drops and bitcoin is banned by the government.
When my country forbids Bitcoin, it will be difficult to convert btc into local currency and the absence of online stores or online shopping centers that accept Bitcoin. certainly will not run well, even turn off Bitcoin.
"Hacking and scams remain the top risk for Bitcoin holders. Exchanges that shut down or passwords stolen from devices can easily wipe out a person’s bitcoins. Moreover, governments and central banks from various countries are starting to impose limitations on the use of cryptocurrencies.
Digital coins clearly threaten the political and economic establishment, and the regulatory environment can quickly change with the stroke of a legislative pen. Banks and governments typically use familiar language in the media, such as the need to protect consumers from new risks.
We are hearing familiar talking points from politicians who are getting pressured from the banking lobby. It seems that the root cause of the status quo’s actions in 2017 is to protect fiat currencies and traditional financial interests. Competing digital coins represent a potential end to the government’s monopoly of the monetary system." - Bitcoin.com
What are the top risks for Bitcoin holders?
Digital coins clearly threaten the political and economic establishment, and the regulatory environment can quickly change with the stroke of a legislative pen. Banks and governments typically use familiar language in the media, such as the need to protect consumers from new risks.
We are hearing familiar talking points from politicians who are getting pressured from the banking lobby. It seems that the root cause of the status quo’s actions in 2017 is to protect fiat currencies and traditional financial interests. Competing digital coins represent a potential end to the government’s monopoly of the monetary system." - Bitcoin.com
What are the top risks for Bitcoin holders?
My topest fear as bitcoin holder is when bitcoin become zero value in price. So not possible anymore to withdraw to cash.
When it be zero, i think all bitcoiners will just cry.
I think thats my greatest fear.
The fearbof hackers able to access your account this woulf be a huge lost for us imagine all of your getting stealed away that easily. Also the government permanently banning the use of cryptocurrency in your country, imagine no way of cashing out your money man and having bitcoin not accepted as any kinds of payment that will definitely make it useless.
My biggest fear about bitcoin is the hacker whom can hack our wallet.and one more is if the bitcoin will be worthless anytime.if bitcoin will be no longer value.to lose bitcoin price.but hopefully thia will not happen now or never.
Price fall won't happen in a short, everything happening with bitcoin and other digital currencies is all about changes with regards to time which provides the complication. No one knows about the growth or fall next minute. Everything is happening depending upon trust. Hacking too is a big issue, which can cause a great loss due to the lack of security. Jump to: